OCI
Abbreviation with 4 meanings
| Stands for | Other comprehensive income |
|---|---|
| Meanings | 4 |
| Categories | Business & Finance, Law & Legal, Technology & Computing |
OCI has four meanings. The most common are Other comprehensive income (accounting) and On-campus interviewing (legal profession); it can also stand for Open Container Initiative and Oracle Cloud Infrastructure.
Meanings of OCI at a glance
| # | OCI stands for | Context |
|---|---|---|
| 1 | Other comprehensive income | Business & Finance › Accounting |
| 2 | On-campus interviewing | Law & Legal › Legal Profession |
| 3 | Open Container Initiative | Technology & Computing › Cloud Computing |
| 4 | Oracle Cloud Infrastructure | Technology & Computing › Cloud Computing |
1. Other comprehensive income
Business & Finance · Accounting Abbreviations
Gains and losses that bypass net income and are recorded directly in equity, such as foreign currency translation adjustments, certain pension remeasurements, unrealized gains on some debt securities and cash flow hedges. Net income plus OCI equals comprehensive income.
Example: A stronger dollar produced a $90 million translation loss in OCI this quarter.
Accumulated OCI (AOCI) is reported as a separate component of shareholders' equity. US GAAP later "recycles" most OCI items into net income when they are realized, while IFRS prohibits recycling for certain items, such as revaluation surpluses. Investors may overlook OCI because headline earnings exclude it.
2. On-campus interviewing
Law & Legal · Legal Profession Abbreviations
Recruiting program in which law firms and other employers interview law students, traditionally rising second-years, through their school's career office, leading to callback interviews and summer associate offers. It has long been the main route into large law firms.
Example: I bid on 40 firms for OCI and got 12 screening interviews.
Students "bid" for interview slots through the school's system. Since about 2021 many large firms recruit well before formal OCI, often in the spring or early summer after the first year, pushing schools to move their programs earlier. Callback interviews at the firm's offices usually follow within weeks.
3. Open Container Initiative
Technology & Computing · Cloud Computing Abbreviations
A Linux Foundation project that maintains open standards for container image formats, runtimes and distribution, so images built with Docker or other tools run on any compliant runtime.
Example: Push the image to any OCI-compliant registry; Kubernetes doesn't care which tool built it.
Founded in 2015 by Docker, CoreOS and other companies, with Docker donating its image format and the runc runtime. The OCI Image, Runtime and Distribution specifications underpin Docker, containerd, Podman and cloud registries. In cloud computing OCI usually refers to Oracle Cloud Infrastructure; container images and runtimes point to this meaning.
4. Oracle Cloud Infrastructure
Technology & Computing · Cloud Computing Abbreviations
Oracle's public cloud platform, offering compute, storage, networking and Oracle's databases as managed services, and known for running Oracle Database and Exadata workloads in the cloud.
Example: We moved the ERP's Oracle databases to OCI to cut licensing costs.
Launched as Oracle's second-generation cloud around 2016, it grew quickly with large AI computing contracts in the 2020s. In container technology OCI means the Open Container Initiative; mentions of Oracle, regions and tenancies point to the cloud platform.
Related abbreviations
More accounting abbreviations
- NBV – Net book value
- NCI – Non-controlling interest
- NI – Net income
- NRV – Net realizable value
- P&L – Profit and loss statement
- PAT – Profit after tax
- PBT – Profit before tax
- PCAOB – Public Company Accounting Oversight Board
See all 95 accounting abbreviations →
More legal profession abbreviations
- MRPC – Model Rules of Professional Conduct
- N.P. – Notary public
- NALP – National Association for Law Placement
- NCBE – National Conference of Bar Examiners
- ODC – Office of Disciplinary Counsel
- OGC – Office of General Counsel
- PHV – Pro hac vice
- QC – Queen's Counsel
See all 46 legal profession abbreviations →
This entry is for general education and is not legal advice. Abbreviation use varies between institutions; always confirm in context.